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Prices of Chinese gallium steady after rush to beat export curbs eases

Inquiries from foreign buyers have dissipated, researcher Shanghai Metals Market said, citing market participants. Risks rising as shipments may not able to leave before curbs kick in next month

Aspartame 'possibly' carcinogenic, yet safe at common use levels, says WHO

Citing the results of two new assessments of the health impact of the popular artificial sweetener, the WHO said that it has "limited evidence" that aspartame can cause cancer in humans

Foxconn's change of heart on semiconductor factory a warning to India

Even if the government's targets for export growth are met, we will still be some distance behind smaller countries such as Vietnam

India to make second Moon landing attempt today as space race heats up

The Chandrayaan-3 is scheduled to blast off at 2:35 p.m. local time Friday from India's main spaceport on Sriharikota, an island off the southern state of Andhra Pradesh

US jobless claims dip to 237,000 as labour market stays resilient

Applications for unemployment benefits have remained largely steady at historically low levels over the last few months, even as other labour-market indicators have suggested an emerging slowdown

Meta's Twitter challenger 'Threads' to raise stakes for Snap, Pinterest

Amid gains in megacap tech stocks, Meta has soared 161% this year, second only to Nvidia Corp. among components of the Nasdaq 100 Index

OpenAI's ChatGPT bot probe requested by US FTC over consumer harms

FTC Chair has raised concerns about AI, saying enforcers "need to be vigilant early" with transformative tools like artificial intelligence

Twitter asks court to end US FTC order over its data privacy practices

Twitter in the filing said the FTC has "pummeled" the company with "burdensome letters and requests for depositions," issuing demands for information as frequently as one letter every other week

Caution about Bitcoin grows as jump in global markets bypasses crypto

The largest digital asset on Thursday mostly held losses of 0.7% from a day earlier, while stocks and bonds extended gains on bets that an end to Federal Reserve monetary tightening is getting closer

Barclays and Yes Bank raise India's inflation forecast as prices jump

Surging prices of vegetables and pulses pushed up inflation to a three-month high of 4.81% last month, ending four months of moderation

India mulls banning exports of most rice varieties as local prices surge

The government is discussing a plan to ban exports of all non-Basmati rice, according to people familiar with the matter

Remote work to wipe out $800 billion from office values, says McKinsey

Covid-19's push toward hybrid work has driven the need for office space down with vacancy rates rising, McKinsey Global Institute said Thursday in a report

Fossil-fuel demand for electricity may have peaked following RE's growth

From China to Europe, the capacities of solar, battery and wind power are surging, the Rocky Mountain Institute said in an analysis released Thursday

Google unveils NFT policy for Play Store to incorporate tokens into games

NFT investors, who have watched prices of their collections fall and interest in the digital-asset market wane, see the changes in Google's policy as a sign that the market is not dead yet

$590 bn rally since March faces earning reports, retail pull back tests

Key gauges in India hit records in July on bets that Asia's third-biggest economy will stage a strong recovery even with elevated policy rates

China's $400 billion pension sends new warning over its debt risks

The recent Sino-Ocean Group Holding Ltd.'s debt rout raised the pension fund's concerns as one of its biggest asset managers holds a large position in the state-backed developer's bonds

Microsoft's $69 billion Activision deal likely to face fresh UK probe

That pause gives the firms a chance to suggest potential fixes aimed at easing UK concerns that the takeover would stymie competition

Brent crude rises above $80/barrel amid signs of tightening supplies

Futures rose as much as 0.8% in London, climbing just above $80

Trump must face E. Jean Carroll defamation suit as DOJ reverses course

The DOJ revisited the issue after an appeals court clarified that workers are only protected by the law if their actions were intended to help the government

Americans get a break from price rise; inflation up just 0.2%, CPI rises 3%

Treasury yields plummeted, the S&P 500 opened higher and the dollar slid following the report. The chances of an additional Fed rate increase after this month slipped to well below 50%